* Says Q1 2017 production will be 77,000-79,000 bpd because of turnaround work, by end of 2017 production will be 86,000-89,000 bpd

* CEO says he is cautiously optimistic proposed U.S. border tax will not be as negative for Canada as people have been portraying Source text for Eikon: Further company coverage: (Reporting By Nia Williams)